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Venture Capital Investing: The Complete Handbook for Investing in Private Businesses for Outstanding Profits
book

Venture Capital Investing: The Complete Handbook for Investing in Private Businesses for Outstanding Profits

by David Gladstone, Laura Gladstone
August 2003
Beginner
528 pages
10h 26m
English
Pearson
Content preview from Venture Capital Investing: The Complete Handbook for Investing in Private Businesses for Outstanding Profits

Chapter 9. The Legal Closing

Now that you have completed all of the important steps from the initial review to the due diligence process to signing a term sheet or commitment letter, it is time to bring in the lawyers. This may be the entrepreneur’s first exposure to a closing, so some “handholding” may be needed along the way. The lawyers for both sides should be competent in venture capital transactions. One of the most painful processes is to try to educate a new lawyer in venture capital financing. Avoid amateurs if at all possible.

As an investor, you will want your lawyers to draw up the legal documents for closing. They should follow the commitment letter very closely. When they are completed, copies for review should be forwarded to you, ...

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Publisher Resources

ISBN: 013101885XPurchase book